Thursday, December 15, 2022

A Money Lesson I Learned As a Kid Has Stuck With Me for Decades

When you think of keeping up with the Joneses, you'll likely imagine adults competing with each other in the form of bigger houses and shinier cars. But I fell into the trap of keeping up with the Joneses as a kindergartener. 

As a 5-year-old, I wanted to have all of the cool toys. Despite having a playroom bursting with a large collection of toys, I set my heart on a special heart-shaped pillow that all of my friends had. 

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Publisher: Business Insider
Date: 2022-12-15T13:54:00Z
Author: Sarah Sharkey
Twitter: @BI_Strategy
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WATCH: Money masters discuss how to increase your earning power

"Each person defines what rich means for them," self-made millionaire Ramit Sethi , author of New York Times bestselling book "I Will Teach You To Be Rich," told CNBC's Frank Holland during the inaugural CNBC Make It: Your Money virtual event on Dec. 13.

"For some people, rich means having a million dollars in the bank. For some people, rich means being able to go to yoga in the middle of a weekday," Sethi added.

Publisher: CNBC
Date: 2022-12-12T12:45:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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World Shocked That Man Running Business Based On Imaginary Money Might Be Fraud | The New Yorker

THE BAHAMAS ( The Borowitz Report )—People around the world have been flabbergasted to learn that a man who created a business based on imaginary money might be a fraud.

In interviews spanning the globe, respondents expressed shock and disbelief that a firm offering customers wealth by turning their actual money into pretend money could be anything but legitimate.

Publisher: The New Yorker
Date: 2022-12-14T16:15:52.647Z
Author: Cond Nast
Twitter: @NewYorker
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One-Third of Consumers Report They Are Not Currently Saving Any Money

Half of Consumers Say Inflation Has Diminished Their Capacity to Reach Their Long-Term Financial Goals

All income groups experienced a rise in paycheck-to-paycheck consumers between October and November 2022 .

One-third of consumers report they are not currently saving any money, with 60% of such consumers also saying they have no pre-existing savings.

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Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: LendingClub Corporation
Twitter: @PRNewswire
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5 money moves to make now to ensure financial success in the new year

The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for years to come.

From your work to your savings and investments to spending and giving back, here are five moves you should consider making before Dec. 31 that can help to prepare you for financial success in 2023:

Publisher: CNBC
Date: 2022-12-12T13:00:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Netflix lets advertisers take their money back after missing viewership targets - Digiday

For as quickly as Netflix brought its ad-supported tier to market, the streamer's advertising business is off to a slow start.

Netflix is falling short of ad-supported viewership guarantees made to advertisers and allowing advertisers to take their money back for ads that have yet to run, according to five agency executives.

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Publisher: Digiday
Date: 2022-12-15T05:01:00 00:00
Author: Tim Peterson
Twitter: @digiday
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Collaboration between NOW Money and ThetaRay puts more Israeli Fintech - The Jerusalem Post
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Publisher: The Jerusalem Post | JPost.com
Twitter: @Jerusalem_Post
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Starving for Yield? Check Out Money-Market Funds - The Washington Post

If you think high-yield savings accounts offer juicy rates to park some cash, wait until you see what money-market funds are paying.

Yields paid by the typically staid mutual funds, which invest mostly in short-term government bonds, spiked from 0.02% earlier this year to more than 3.6% as of early December, according to Crane Data's 100 money-market fund index.

Publisher: Washington Post
Date: 2022-12-15T13:35:51.000Z
Twitter: @WashingtonPost
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Here's how much money you should keep in a checking account

You most likely have a checking account, but do you know how much to keep in it? There are downsides to keeping either too little or too much money in checking, experts say.

While keeping too little cash in a checking account and getting dinged with overdraft fees is undesirable, Americans with too much money in such a low-yield repository could be leaving valuable interest on the table.

Twitter: @YahooFinance
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How To Make Money With Multiple Streams Of Income

A side hustle is a great way to make extra money or start a new business. With the proper knowledge and preparation, your side hustle can be successful and provide financial stability.

It's important to research the market you plan to enter before getting started with your side hustle. Find out who your competitors are and what their offerings are like so that you can differentiate yourself from them.

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Publisher: Forbes
Date: 2022-12-14
Author: Melissa Houston
Twitter: @forbes
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